Insights
6 min read
Who should I hire to sell my business in Alberta?
In Alberta, a person who sells your business for a fee is trading in real estate once a building or a lease is in the deal, and that takes a RECA licence. Here is who to bring in at each stage of a sale, and how to check each one.
7 min read
A buyer of your cleaning company is buying its contracts
Commercial cleaning companies sell for 3.0 to 5.0 times adjusted earnings in Canada, and the building contracts decide where in that range a company lands. The register a buyer asks for, and the staff rules that follow a building from one cleaner to the next.
6 min read
The full bill for selling a business in Canada
The fee and every cost around it, in dollars at three sale prices, with the Lehman formula worked through and each assumption labelled.
7 min read
Ontario’s business brokers answer to the real estate regulator
Ontario law counts a business as real estate, so whoever markets or negotiates your sale registers with RECO. Here is how to check that registration and each professional who works beside it.
7 min read
Who may buy your veterinary clinic, and at what multiple
Veterinary clinics sell for 4.0 to 7.0 times adjusted earnings in Canada. Your own clinical days decide how much a buyer deducts, and the province decides who may hold the shares.
7 min read
Who should value my business before I sell it?
A Chartered Business Valuator signs a report the CRA and the courts can rely on, and a broker or advisor gives the range an outside buyer will test. Which one you need depends on who has to accept the number.
